Explained: How US sanctions on Russia’s top oil firms could affect global oil prices, India and OPEC+ strategy

The sanctions announced by the US apply to Lukoil, Rosneft and several of their subsidiaries involved in production, shipping, and trade.

Oct 25, 2025 - 02:30
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Explained: How US sanctions on Russia’s top oil firms could affect global oil prices, India and OPEC+ strategy
The sanctions announced by the US apply to Lukoil, Rosneft and several of their subsidiaries involved in production, shipping, and trade.

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